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Sweden’s Opposition Party Calls for Strategic Bitcoin Reserve
Sweden’s Opposition Party Calls for Strategic Bitcoin Reserve

Sweden’s opposition party has proposed creating a national Bitcoin reserve to strengthen financial sovereignty. Lawmakers argue the move would hedge inflation, align with global trends, and position Sweden as the first Nordic nation to pursue such a strategy.

BeInCrypto·2025/10/01 20:26
Flash
  • 09:59
    Hong Kong SFC launches staff fundraising campaign to support victims of the Tai Po fire
    ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) has launched an employee fundraising campaign to support the victims of the Tai Po fire. The SFC stated that as a public institution, it will join hands with all sectors of society to provide support to the victims and their families during this difficult time. The SFC calls on all employees to actively participate in the fundraising campaign and to voluntarily provide any form of assistance to those in need. The SFC will donate all proceeds from this fundraising campaign, together with the budget originally allocated for the annual staff dinner (which was scheduled for December but has now been canceled), to the "Tai Po Wang Fuk Court Assistance Fund" established by the Hong Kong SAR Government.
  • 09:55
    Analysis: US stock indices set to end winning streak, rare November decline expected
    Jinse Finance reported that the US stock market was closed on Thursday for Thanksgiving and will reopen on Friday until 1:00 PM Eastern Time (2:00 AM the next day in UTC+8). According to CNBC, with only about three hours of trading left this month, the major US stock indexes are set to end November with losses. As of Wednesday's close this month, the S&P 500 index has fallen by 0.4%, the Dow Jones by 0.29%, and the Nasdaq by 2.15%. Unless there is a significant rally in the shortened trading session on Friday, US stock indexes are about to end their winning streaks: the S&P 500 and Dow Jones have risen for six consecutive months, and the Nasdaq for seven. This would also mark a deviation from historical norms. According to Stock Trader's Almanac, since 1950, the S&P 500 has averaged a 1.8% gain in November. In US presidential election years, the index typically rises by 1.6%. However, this year is not a typical presidential election year. In the coming months or even years, it will be difficult to see the market follow any historical trajectory.
  • 09:50
    Data: "Machi" Huang Licheng partially took profit on ETH long positions, with orders placed yesterday in the $3,050 to $3,100 range.
    ChainCatcher News, according to HyperInsight monitoring, a portion of the ETH take-profit orders placed by Huang Licheng yesterday were executed, resulting in a profit of approximately $90,000. Currently, his ETH long position size is about $22.63 million, with an unrealized profit of $700,000 (78%), and an average entry price of $2,962. He also holds a HYPE long position, with a position size of about $6.24 million and an unrealized profit of $240,000 (40%). This address deposited approximately $1 million into Hyperliquid on the evening of the 24th, subsequently opening an ETH long position at $2,822 with a position size of about $13.5 million. In recent days, he has been continuously closing and rolling over positions, and yesterday partially closed positions in the $3,050 to $3,100 range.
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